5 ultimate dividend stocks

These stocks have juicy payouts that are long-lasting and rising.

Dividend investing is all the rage, but as I have mentioned before, yield isn’t everything these days. There’s a lot to be said for chasing sustainability instead of paydays that won’t last.

So to that end, I poured myself a scotch and spent an evening crunching numbers for all you dividend stock investors out there. My intention was to find stocks that offer nice paydays — but also that were steadily increasing those dividends and outperforming the market.

The result is this lineup of 13 dividend stocks that I call the Ultimate Dividend list.For starters, I screened for yield. After all, nobody wants a dividend that’s less than 1%. What’s the point? So I demanded better than 2.5%.

Then I made sure the dividends were very old (the “youngest” payment started 60 years ago) and constantly growing (the “worst” stock on this list has increased distributions annually for 29 years in a row.)

Read More…